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Intel CEO to visit White House on Monday, source says
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Intel CEO to visit White House on Monday, source says
Aug 11, 2025 8:26 AM

Aug 11 (Reuters) - Intel ( INTC ) CEO Lip-Bu Tan was due

to visit the White House on Monday after U.S. President Donald

Trump called for his removal last week, a source familiar with

the matter said.

Intel ( INTC ) and the White House did not immediately respond to

requests for comment.

Tan is expected to have an extensive conversation with Trump

while looking to explain his personal and professional

background, according to the Wall Street Journal, which broke

the news, adding that he could propose ways Intel ( INTC ) and the U.S.

government could work together, the paper said.

Tan hopes to win Trump's approval by showing his commitment

to the U.S. and guaranteeing the importance of keeping Intel's ( INTC )

manufacturing capabilities as a national security issue, the

Journal added.

Last week, Trump demanded the immediate resignation of Tan,

calling him "highly conflicted" due to his ties to Chinese firms

and raising doubts about plans to turn around the struggling

American chip icon.

It was a rare instance of a U.S. president publicly calling

for a CEO's ouster and sparked debate among investors.

Tan said he shared the president's commitment to advancing

U.S. national and economic security.

Reuters reported exclusively in April that Tan invested at

least $200 million in hundreds of Chinese advanced manufacturing

and chip firms, some of which were linked to the Chinese

military.

Tan, a Malaysian-born Chinese American business executive,

was also the CEO of Cadence Design ( CDNS ) from 2008 through

December 2021, during which time the chip design software maker

sold products to a Chinese military university believed to be

involved in simulating nuclear explosions.

Last month, Cadence agreed to plead guilty and pay more than

$140 million to resolve the U.S. charges over the sales, which

Reuters first reported.

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